Department for Culture Media and Sport
legacy trust
Legacy Trust UK is an independent charitable trust. It has been established to use funding endowed by the Big Lottery Fund, Arts Council England and the Department for Culture, Media and Sport to help create and support projects throughout the United Kingdom that will leave a lasting legacy from the London 2012 Olympic and Paralympic Games. It was formally launched on 20 November 2007.
How was the Legacy Trust UK set up?
In April 2006, the Millennium Commission, Big Lottery Fund, Arts Council England, and Department for Culture, Media and Sport (DCMS) launched a joint grant competition inviting outline proposals from organisations and consortia wishing to establish a new charitable Trust to support a range of cultural and sporting activities across the UK associated with the London 2012 Olympic Games and Paralympic Games.
A consortium comprising City of London, Business in the Community, TimeBank, East London Business Alliance and Yorkshire Forward was chosen as the preferred candidate to develop an application for a £40m endowment.
The application was assessed by the three funding bodies and the grants were awarded to establish the endowment in September 2007.
How is the £40m made up?
DCMS are providing £6m ring-fenced for the delivery of the UK School Games. The Millennium Commission agreed to provide £24m to the Trust with BIG allocating a further £5m (£29m in all). This will enable the Trust to fund a wide range of national and regional programmes with key themes shaping of culture, knowledge and sport, with a strong emphasis on the involvement of young people. Arts Council will allocate £5m for the funding of arts projects.
What are the main themes of the Trust’s funding programme?
The key themes shaping the Trust’s programme will be culture, knowledge, sport and well-being, with a strong emphasis on the involvement of young people.
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Where will the funding go?
In its bid for this endowment, the Legacy Trust stated its aim is to spend approximately 70% of its funding on cultural projects and 30% on sporting projects.
Just under half of the funding will go to four major national programmes:
UK School Games - £6 million
“Big Arts Week” (working title) - £3 million
“World Festival of Youth Culture” (working title) - £5 million
Other to be determined (community/volunteering) - £5 million
The rest will be split amongst the nations and regions. The model for regional funding is based on two elements: a base allocation (25% of the total divided evenly among the 12 regions and nations); and an allocation (75%) weighted half according to relative population and half to relative deprivation indices.
How is the Trust governed?
The Trust is governed by a Board of 15 independent members: five members were nominated by the funders of the endowment (Millennium Commission, BiG, Arts Council of England, DCMS) and LOCOG; five members were nominated by the partners in the original consortium which won the competition to establish the Trust (The City of London Corporation/Bridge House Trust (lead partner); East London Business Alliance (ELBA); Business in the Community; Yorkshire Forward; and, Timebank); and five were appointed after open competition, through newspaper advertisements.
I am interested in applying for funding from the Trust, how can I get further information?
Legacy Trust UK will award both national and regional grants from 2008 to 2012. These grants will be determined following consultation with a range of national and regional bodies. The Trust will not run open competitions. Further details will be given on the Legacy Trust UK Website.
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